Agricultural Investments

May 7, 11:54 Source: APK-Inform Views: 71

Agroton net loss in 2013 totaled $ 5.69 mln

 

Ukrainian agricultural holding Agroton finished 2013 with $ 5.69 mlin net loss compared to $ 6.787 mln net profit in 2012

This is stated in the financial statements of the company.

Compared to 2012, Agroton reduced sales of crops to 211.4 thousand tons ( 11% ), and increased milk sales to 11.11 thousand tons ( 1.2% ).

Agroton revenue in 2013 fell to $ 81.39 mln i.e. decreased by 7.5 % compared with the previous year, while the gross profit of the holding decreased by $ 4.71. Company operating loss in 2013 totaled $ 1.7 mln, compared to $ 16.5 mln operating profit in 2012.

 

Source: latifundist.com 

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